Vineyards Offers Private Financing on New Home Sales

NAPLES, Fla. (Nov. 13, 2008) – In response to challenging economic times and tightened lending requirements at banks, Vineyards Development Corp. is now offering private financing on new homes in Vineyards to qualified buyers.

“We are confident that Vineyards offers an exceptional value and we are willing to back that up by partnering with buyers in the purchase of their new homes,” said Jim Schuetz, vice president of sales and marketing. “The financial strength of Vineyards Development Corp. gives us the ability to offer a private financing program like this.”

The financing is offered under the following terms and conditions*:

  • 30 percent down
  • 5-year, interest-only balloon mortgage
  • No discount points, no negative amortization
  • Competitive interest rates

Vineyards is a debt-free community, which has all of its infrastructure and amenities in place. It has earned a reputation for excellence during its 25-year history.

Vineyards is an award-winning 1,375-acre gated residential community consisting of two 18-hole golf courses, 12 Har-Tru tennis courts, a 70,000-square-foot clubhouse, and single-family and multifamily homes priced from the high $500,000s to over $4 million. The Vineyards Corporate Center, which houses its sales offices, is located at 75 Vineyards Blvd., east of I-75 off Pine Ridge Road. For more information, please call (239) 353-1920 or (800) 749-1501, or visit www.VineyardsNaples.com. Full golf memberships to Vineyards Country Club are now available for a limited time. For more information on membership opportunities, call (239) 353-1500.

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